Wednesday, July 13, 2011

Apica, a start-up based in Stockholm, raised $2 million in Series B funding to bring its load testing and performance-monitoring services for cloud and mobile applications to the U.S. market. The company has opened an office in Palo Alto, California.

The company recently unveiled Apica Watch, a new cloud service with full support for Selenium, giving customers the ability to monitor their websites from a true end-user perspective. Apica also launched the Apica iPhone application, providing users a rich performance monitoring solution 24/7 from anywhere. In addition, the company inked strategic partnerships with leading cloud players, RightScale and Rackspace.

Industrifonden led the investment. KTH Chalmers Capital also participated by reinvesting in the company, and ALMI Invest joined as a new investor. http://www.apicasystem.com